FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood

May 12, 2022

Executed through an Antiguan firm called Emergent Fidelity Technologies Ltd, the position represents a 7.6% stake in the popular trading app, according to the filing published Thursday. At over 56 million shares, it was worth nearly $482 million at market close.

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